5671.0 - Lending Finance, Australia, Jun 2009  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 11/08/2009   
   Page tools: Print Print Page Print all pages in this productPrint All

JUNE KEY FIGURES

May 2009
Jun 2009
May 2009 to Jun 2009
$m
$m
% change

TREND ESTIMATES
Housing finance for owner occupation
17 127
17 434
1.8
Personal finance
6 797
6 770
-0.4
Commercial finance
28 357
27 925
-1.5
Lease finance
388
366
-5.7
SEASONALLY ADJUSTED ESTIMATES
Housing finance for owner occupation
17 107
17 277
1.0
Personal finance
6 707
6 883
2.6
Commercial finance
28 959
26 762
-7.6
Lease finance
400
331
-17.2


Personal finance
Graph: PERSONAL FINANCE

Commercial finance
Graph: COMMERCIAL FINANCE




JUNE KEY POINTS


JUNE 2009 COMPARED WITH MAY 2009:

HOUSING FINANCE FOR OWNER OCCUPATION
  • The total value of owner occupied housing commitments excluding alterations and additions increased 1.8% in trend terms and the seasonally adjusted series rose 1.0%.


PERSONAL FINANCE
  • The trend series for the value of total personal finance commitments decreased 0.4%. Revolving credit commitments fell 2.5%, while fixed lending commitments rose 1.7%.
  • The seasonally adjusted series for the value of total personal finance commitments increased 2.6%. Fixed lending commitments rose 5.8%, while revolving credit commitments fell 0.6%.


COMMERCIAL FINANCE
  • The trend series for the value of total commercial finance commitments decreased 1.5%. Revolving credit commitments fell 5.2%, while fixed lending commitments rose 0.3%.
  • The seasonally adjusted series for the value of total commercial finance commitments decreased 7.6%. Both revolving credit and fixed lending commitments fell, down 17.3% and 2.5% respectively.


LEASE FINANCE
  • Lease finance commitments decreased 5.7% in trend terms and the seasonally adjusted series decreased 17.2%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
July 2009 14 September 2009
August 2009 12 October 2009
September 2009 11 November 2009
October 2009 14 December 2009
November 2009 13 January 2010
December 2009 15 February 2010



REVISIONS

Revisions in original terms were made to Housing finance, Personal finance, Commercial finance and Lease finance from September 2008 to May 2009. Seasonally adjusted and trend series have been revised as a result of revisions to the original series and the incorporation of estimates for the latest month.


TREND ESTIMATES

Reporting has been improved for Personal and Commercial finance from November 2008. In order to facilitate analysis of the time series a trend break has been introduced between November and December 2008. Further investigation is being conducted and this may result in revisions to the time series.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Philip Beresford on Canberra (02) 6252 6052.